Credit rating for Philadelphia Energy Solutions unit cut to CCC-

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S&P Global Ratings, the New York firm that judges which corporations are likely to pay back lenders and bondholders, has cut its credit... Read more

Feeling opioid heat, drug distributor's CEO justifies painkiller system

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As U.S. Rep. Tom Marino (R., Pa.) was withdrawing his candidacy for President Trump’s “drug czar” job Tuesday... Read more

(Updated) Center City restaurant agrees to pay 63 workers $396K in back wages, damages

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Talula’s Garden, the noted restaurant in Philadelphia’s Washington Square neighborhood, has agreed to pay 63 workers back wages... Read more

Selective enforcement in Philly? Late-night pizza shops OK; Chinese takeouts fined

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West Philly neighbors saw an opportunity, Mei Ying Luo says, when she and her husband opened a mini-market two blocks north of the 52nd Street... Read more

Is China big enough for U.S. investors yet?

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I was skimming headlines at Bloomberg.com when an ad for HSBC Corp. filled the screen like a news-killing fog. It urged us to buy China stocks... Read more

When tech founders sell out: RevZilla, Qlik need new CEOs

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Two Philadelphia-area software innovators bought by out-of-town private-equity firms last year are looking for new CEOs after their longtime... Read more

NFI buys top Los Angeles trucking firm

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NFI, the Cherry Hill-based trucking, warehousing and logistics company controlled by South Jersey’s Brown family, has purchased California... Read more

UPDATE: With Pa. plant, U.S. patent, Amazon to manufacture clothes

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UPDATE OCT. 11: The day after I wrote that Amazon was going into the clothing manufacturing business with its new Norristown-area... Read more